Can an employee sell/transfer his stock options (ESOPS) to another employee?

Taxation
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Can an employee sell/transfer his stock options (ESOPS) to another employee? If yes, what is the produce and taxation involved

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@Quicko

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Hi @Jack_R

ESOPs granted to employees shall not be transferable to any other person, including another employee of the company. Hence, you cannot transfer the ESOPS to any other person.

The shares allotted to an employee under an ESOP are considered as a capital asset and any gain on the sale of such shares would attract capital gain tax.

Here’s a read on ESOPs Taxation on Sale of Shares.

Hope it helps.

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